Redhorse Corporation Acquires Allied Associates International (A2I)

Redhorse Corporation Acquires The Mannakee Group

March 18, 2025

IT Services

Redhorse Corporation has acquired The Mannakee Group, a Kensington, Maryland-based provider of advanced software development and DevSecOps services for federal defense customers. The deal expands Redhorse's national security capabilities by combining Mannakee's software engineering and DevSecOps expertise with Redhorse's AI/ML and data exploitation capabilities; Mannakee's leadership will remain with the business as part of Redhorse's National Security portfolio.

Parsons Corporation Acquires BlackHorse Solutions, Inc.

July 6, 2021

Aerospace & Defense

Parsons Corporation completed the acquisition of BlackHorse Solutions, Inc. in a transaction valued at $203 million. The deal adds nearly 200 employees and expands Parsons' capabilities and product offerings in cyber, electronic warfare, AI/ML, and information dominance for Department of Defense and Intelligence Community customers.

AE Industrial Partners Acquires PCI

October 26, 2020

Cybersecurity

AE Industrial Partners (AEI) has acquired PCI, a Columbia, Maryland–based provider of cybersecurity, computer network operations (CNO), cloud engineering, systems engineering, enterprise IT, and data analytics for the U.S. intelligence and defense communities. The deal — terms not disclosed — represents AEI's ninth platform investment in Fund II and is intended to accelerate PCI's growth and reach into defense, intelligence, and national security markets.

Huntington Ingalls Industries Acquires Alion Science and Technology

July 6, 2021

Aerospace & Defense

Huntington Ingalls Industries (HII) agreed to acquire Alion Science and Technology from Veritas Capital for $1.65 billion in cash. Alion — a defense-focused engineering, R&D and systems-integration provider with more than 3,200 employees — will join HII’s Technical Solutions division to expand capabilities in C5ISR, training & simulation, AI, data analytics and electronic warfare.

Sword Group Acquires Two Aberdeen-based Companies (IACS and AAA)

July 1, 2024

IT Services

Sword Group has acquired two Scotland-based companies in Aberdeen: IACS, a micro cybersecurity specialist focused on industrial process control networks, and AAA, a recruitment/staffing business that has restructured around AI. IACS will be consolidated into Sword's accounts from July 1, 2024 (revenues ~€2.9M, EBITDA margin 20%), while AAA was acquired effective April 2, 2024 (revenues ~€8M, EBITDA margin 2%) to boost Sword's capabilities in Artificial Intelligence and Cyber Security.

AEGIS Hedging Solutions Acquires Risked Revenue Energy Associates (R^2)

December 17, 2020

Financial Services

AEGIS Hedging Solutions has acquired Risked Revenue Energy Associates (R^2), a specialty commodity trading advisor focused on energy hedging and patented analytics. The acquisition expands AEGIS' analytics and advisory capabilities, integrating R^2's team and intellectual property into AEGIS' SaaS and advisory platform to better serve energy-sector clients.